The Public Interest Merger Reference (Telegraph Media Group Limited) (Pre-emptive Action) Order 2024
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Change 1
3 Interim provisions
Except with the prior written consent of the Secretary of State, the PIHL Group and the Acquiring Entities must not, during the specified period, take any action which might prejudice a reference or possible reference of the proposed acquisition under section 45 of the Act or impede the taking of any action under Part 3 of the Act by the Secretary of State which may be justified by the Secretary of State’s decisions on such a reference including any action which might— (a) change or transfer the ownership or control of Telegraph Media Group, Telegraph Media Group Holdings or their subsidiary undertakings; or (b) transfer the ownership of the business or assets (including any shares in subsidiary undertakings) of Telegraph Media Group or Telegraph Media Group Holdings.
3 Interim provisions
Except with the prior written consent of the Secretary of State, the PIHL Group and the Acquiring Entities must not, during the specified period, take any action which might prejudice a reference or possible reference of the proposed acquisition under section 45 of the Act or impede the taking of any action under Part 3 of the Act by the Secretary of State which may be justified by the Secretary of State’s decisions on such a reference including any action which might— (a) change or transfer the ownership or control of Telegraph Media Group, Telegraph Media Group Holdings or their subsidiary undertakings; or (b) transfer the ownership of the business or assets (including any shares in subsidiary undertakings) of Telegraph Media Group or Telegraph Media Group Holdings.
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